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Mar 18, 2013
03/13
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KICU
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local governments have been laying off a lot of people, but you need to right-size your government. for example, the state of illinois has a lot of revenue, but they need to deal with their pension problem. that is something illinois hasn't done yet. > brian battle. thanks so much. > > you're welcome. still ahead, a look at the network of institutions that are falling victim to ponzi schemes. the surprising story, next. just because bernie madoff is behind bars doesn't mean other ponzi action has slowed down. joining us via skype this morning is chuck malkus. he's author of "the ultimate ponzi: the scott rothstein story." good to have you on the show this morning. mr. rothstein was able to bilk $1.2 billion out of investors. how was he able to fool so many people? > > well angie, like most ponzi schemes, it is a matter of gaining trust first and then secondly creating a product, in this case a structured settlement, that he could sell, but unfortunately did not exist. > how lavish was his lifestyle? > > scott rothstein was someone who had three multimillion- dollar homes, a half doz
local governments have been laying off a lot of people, but you need to right-size your government. for example, the state of illinois has a lot of revenue, but they need to deal with their pension problem. that is something illinois hasn't done yet. > brian battle. thanks so much. > > you're welcome. still ahead, a look at the network of institutions that are falling victim to ponzi schemes. the surprising story, next. just because bernie madoff is behind bars doesn't mean other ponzi...
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trading for the volcker rule will bypass the law or make these risky bets will get bailed out by the government anyway and so this is you saying low interest rates not only do they deprive savers of income and deprive the economy of that economic activity but it just feeds criminality right and also it causes criminals to reach for the you know if you get once you're hungry you do more things for food so you know it's not just to say it was to not getting return on investment it's the banks so the banks have to do more aggressive business to did that extreme right so the low interest rates not only deprive savers of income but that also deprives banks of income so they take even riskier bets right now what about mark carney they're bringing him in from bank of canada to run the bank of england in a couple of months with this idea of getting the house in order the only possible outcome of this i think would be some massive money printing and more quantitative easing and more inflation coming to the u.k. had he said well you know it doesn't matter who you know. you know countries get revenue thre
trading for the volcker rule will bypass the law or make these risky bets will get bailed out by the government anyway and so this is you saying low interest rates not only do they deprive savers of income and deprive the economy of that economic activity but it just feeds criminality right and also it causes criminals to reach for the you know if you get once you're hungry you do more things for food so you know it's not just to say it was to not getting return on investment it's the banks so...
90
90
Mar 22, 2013
03/13
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CSPAN2
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eye 90
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it's just not government. so that could. mr. gene dodaro, if i could, i will keep this under four-minute. if you had to provide as the top two or three areas of the greatest results in proving the management of the department of homeland security, but my sister through areas be? [inaudible] >> is your microphone? >> i'm sorry. i'll ask kathy -- august the first one that an acquisition management. i think the acquisition management area is so critical to procuring the types of issues about whether his scanners, i.t. solutions for other solutions critical to lament the department's missions. i think it's important what they're talking about immigration, customs, border virtual is very focused. that's an area in long-established department, on the acquisition management of the high-risk list. that's a tough issue to resolve that it's all about implementation and having the proper discipline and plays. >> just to provide context, gao issued over 1300 projects a different pics of programs and operations and made over 1800 recommendat
it's just not government. so that could. mr. gene dodaro, if i could, i will keep this under four-minute. if you had to provide as the top two or three areas of the greatest results in proving the management of the department of homeland security, but my sister through areas be? [inaudible] >> is your microphone? >> i'm sorry. i'll ask kathy -- august the first one that an acquisition management. i think the acquisition management area is so critical to procuring the types of issues...
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60
Mar 26, 2013
03/13
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FBC
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eye 60
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think it will be before governments start sniffing around your bank account. frankly, i believe it's not long. think this country, when first federal income tax was just to blender efforts of world war i but it stuck around. or europe. expanded. what started out as a 4% tax for millionaires is now north of 20%, and en snaring, well, everyone. that is what concerns me about this cyprus tax. what the poor saps will discover when the banks reopen in cyprus, run. can't take their money and the government is watching and limiting, and i am kind of worrying. what is going on in this island nation, is a tsunami. bank on it. literally. to rich edison, in cyprus to this nervous night before, hey, rich. >> good evening neil, you have to imagine, folks without access to their banks account will have some tomorrow 8:30 in the morning. for more than a week these folks had closed banks today there was a bit of a lull, in fact that banks were closed not because of a bank panic but a regular holiday, greek independence day. but there are thoughts to last week with long lines
think it will be before governments start sniffing around your bank account. frankly, i believe it's not long. think this country, when first federal income tax was just to blender efforts of world war i but it stuck around. or europe. expanded. what started out as a 4% tax for millionaires is now north of 20%, and en snaring, well, everyone. that is what concerns me about this cyprus tax. what the poor saps will discover when the banks reopen in cyprus, run. can't take their money and the...
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Mar 26, 2013
03/13
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KNTV
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eye 28
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president obama changed his mind and told the government publicly. >> if you believe that the government should be involved in public lives, i don't see how it is contradictory. >> reporter: last night's vigil the beginning of two days of arguments that will determine how america defines marriage and for whom. of course, this is washington and what happens here at the court also affects what happens across the street at the capital. some republican insiders are already saying if the party embraces marriage equality, it could open up donations two years from now in liberal states like new york and california. from the u.s. supreme court, i'm tracie potts, nbc news. >> thank you, tracy. tomorrow, the defensive marriage act will be front and center before the supreme court. the question is, is it constitutional? congress passed a law in 1996 that blocks the federal government from recognizing same-sex marriages, defining couples past, financial and welfare benefits. our coverage of the prop 8 supreme court arguments continues throughout the morning and online. nbc bay area.com. >>> a follow
president obama changed his mind and told the government publicly. >> if you believe that the government should be involved in public lives, i don't see how it is contradictory. >> reporter: last night's vigil the beginning of two days of arguments that will determine how america defines marriage and for whom. of course, this is washington and what happens here at the court also affects what happens across the street at the capital. some republican insiders are already saying if the...
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Mar 24, 2013
03/13
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CSPAN
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it will be a shia government. that put the sunnis a difficult position, and in the early days they brokered the political process. that did not work. they then joined in it. that is not working. now they are caught in a difficult position. they do not want to go to the extreme where al qaeda is because they get themselves where victims of al qaeda. at the same time, they are being marginalized and being treated as second-class citizens. it is very difficult. i must say that their general dissatisfaction is a much s is part of a much wider dissatisfaction. they will feel that there are no services, no security, no progress, no jobs. where on earth are we going? the country seems to be in this situation where it is not moving at all. >> fantastic. much to delve into, and the circle back particularly on the allocation of will on revenue of a broader dissatisfaction. tell us about the state of kurdish-era politics at the moment, all these concerns that moves by the kurds enter in selling their oil from the north and o
it will be a shia government. that put the sunnis a difficult position, and in the early days they brokered the political process. that did not work. they then joined in it. that is not working. now they are caught in a difficult position. they do not want to go to the extreme where al qaeda is because they get themselves where victims of al qaeda. at the same time, they are being marginalized and being treated as second-class citizens. it is very difficult. i must say that their general...
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Mar 18, 2013
03/13
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KNTV
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there doesn't seem to be any push to create a crisis over the debt limit or over shutting down the government. i think that's helpful. we've had economic data come out for quite a while now showing that we have a resilient economy that is growing. >> retail sales were growing. they came in better than expected for the month of february, rising 1.1%, the best numbers since september. analysts were concerned about the impact of gasoline prices and the increase in the payroll tax for us, but consumers are still spending money. important because that makes up about 70% of america's economic growth. and if you're looking for something new to buy, samsung will be happy to oblige. introducing its new galaxy 4 smartphone this week. the phone features a five-inch screen, a larger battery and a screen you don't have to touch, but just hover your fingers over. samsung is apple's main competition in the smartphone market. >>> well, the markets setting new records almost every day, and the federal reserve meeting next week, what could happen next and what should you do with your money? joining me right no
there doesn't seem to be any push to create a crisis over the debt limit or over shutting down the government. i think that's helpful. we've had economic data come out for quite a while now showing that we have a resilient economy that is growing. >> retail sales were growing. they came in better than expected for the month of february, rising 1.1%, the best numbers since september. analysts were concerned about the impact of gasoline prices and the increase in the payroll tax for us, but...
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Mar 26, 2013
03/13
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KNTV
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eye 148
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that's what the government is calling the armed rebels. the united nations is hoping to move out of damascus is merely temporary. >> nevada gamblers is introducing a bill betting on federal elections. backers say this kind of betting going on in london, gaming companies there are making a fortune. the law would allow betting on senate, congressional and presidential campaigns. >> one of silicon valleys may be on the move. but the city of san jose is hoping that millions of dollars in incentives will keep samsung semi-conductor from moving to texas. it includes a production of the company's traffic impact fee, utility taxes and a reimbur reimbursement of capital expenses. with these expenses, samsung could increase its work force by a third. the mayor says the tax breaks will eventually mean more tax dollars. >> we will get about $25 million in additional rev revenues in a variety of taxes and it will give up about $7 million of that over 10 years to help keep samsung here. >> now, the city council is scheduled to vote on those tax incentiv
that's what the government is calling the armed rebels. the united nations is hoping to move out of damascus is merely temporary. >> nevada gamblers is introducing a bill betting on federal elections. backers say this kind of betting going on in london, gaming companies there are making a fortune. the law would allow betting on senate, congressional and presidential campaigns. >> one of silicon valleys may be on the move. but the city of san jose is hoping that millions of dollars...
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Mar 26, 2013
03/13
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KPIX
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the report says some state parks are only of local interest and should be the responsibility of local governments. they did not say which parks should be transferred. they found the parks department had an outdated management system and didn't get enough money to maintain the parks. >>> with easter weekend ahead fuel prices continue to call across the united states. the report pegged the average cost at $3.67. that is down 11 cents from a month ago. the reason for the decline is a drop in cruel oil prices. in the bay area, the average price today for a gallon was $4.14 in san francisco. >>> roles are changing when it comes to who is the bread winner of the household. an analysis shows when one spouse works full time and the other stays home the wife is the soul bread winner in 23% of family. when they first started tracking this, it was 6%. in 12 million families, wives out earn husbands 28% of the time. >>> six months after it opened a store is going to close. when it debuted they filled a place that had been empty for 7 years but the owner says he is not making enough money to pay the rent. off
the report says some state parks are only of local interest and should be the responsibility of local governments. they did not say which parks should be transferred. they found the parks department had an outdated management system and didn't get enough money to maintain the parks. >>> with easter weekend ahead fuel prices continue to call across the united states. the report pegged the average cost at $3.67. that is down 11 cents from a month ago. the reason for the decline is a drop...
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Mar 24, 2013
03/13
by
CSPAN
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eye 112
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is that i understood why the government and the philippines would to resolvet approach this conflict. efforts have been made to reach an agreement to come to the mutual beneficial agreement. that had failed. the ability to have a resolution to this very that method was logical. ofs i think the resolution these disputes have to come by nature of using the rule of law. resolution that exists under that treaty is an to address this problem. our goal and our diplomacy is based on urging governments not to use the type of rhetoric that leads to confrontation but instead to work multinational a in order to resolve disputes. we can see areas when nations with competing claims came very close to resolution. inause of nationalist voices both countries, we failed to achieve that opportunity to resolve. to the capital markets, what the consequences will be in terms of contraction. if you set off the rhetoric which then lead to escalation and then meet to construction of trade and confidence in the region. this right now is a very great challenge for the united states. of the challenge because ri
is that i understood why the government and the philippines would to resolvet approach this conflict. efforts have been made to reach an agreement to come to the mutual beneficial agreement. that had failed. the ability to have a resolution to this very that method was logical. ofs i think the resolution these disputes have to come by nature of using the rule of law. resolution that exists under that treaty is an to address this problem. our goal and our diplomacy is based on urging governments...
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Mar 19, 2013
03/13
by
KGO
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eye 78
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what they want the government to do. >> i'm michael finney. direct tv charging customers extra for a regional sports fee. is that legal? the answer is coming up. >>> statue of liberty set to greet visitors again. the interior department announced rib liberty island reopens to the public july 4. the storm caused major flood together landmark. three fourths of the 12 acre island was inundated by flood water and power systems destroyed by the water, lady liberty was spared from damage. >> checking healthy rifing news this afternoon, san francisco health officials are worried about a 20% jump in the number of tuberculosis cases in the city. this, infections down state wide. the health department held screenings for students today in city college part of world tv day. officials say cuts and a shortage put the city in a critical point. >> our reserves have gone to the point it's taking us too long to get to our investigations and therefore, there is more transmission that is being aloud. >> it can remain dormant for years. asian and latino immigrant
what they want the government to do. >> i'm michael finney. direct tv charging customers extra for a regional sports fee. is that legal? the answer is coming up. >>> statue of liberty set to greet visitors again. the interior department announced rib liberty island reopens to the public july 4. the storm caused major flood together landmark. three fourths of the 12 acre island was inundated by flood water and power systems destroyed by the water, lady liberty was spared from...
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Mar 21, 2013
03/13
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KGO
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both syrian government and rebels are kusing each other of a chemical attack. there are more, there was more violence today just 24 hours after a rocket slammed into a neighborhood 25 people were killed and dozens wounded. there is no evidence of that, but these videos are being analyzed to see if it matches a phone ashl tack. speaking in israel the president reiterated a warning to syrian leadership. >> the assad regime must understand they'll be held account yablt for the use of chemical weapons once establishing the facts i've made clear the use of the chemical weapon saz game changer. >> the president is holding talk was the nation prime minister, urging peace talks between israel and palestinians. >> we've just learned the names of all seven marines killed at the hawthorne army depot in nevada. the young men range from 19 to 26 years old. eight weathers were hurt in the explosion, investigators trying to figure out what caused the shell to explode. >> genetically modified fish getting a big no from two supermarket chains both trader joe's and whole foods s
both syrian government and rebels are kusing each other of a chemical attack. there are more, there was more violence today just 24 hours after a rocket slammed into a neighborhood 25 people were killed and dozens wounded. there is no evidence of that, but these videos are being analyzed to see if it matches a phone ashl tack. speaking in israel the president reiterated a warning to syrian leadership. >> the assad regime must understand they'll be held account yablt for the use of...
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Mar 25, 2013
03/13
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KTVU
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and i don't think the federal government should tell anybody how they should decide this. >> reporter: the supreme court will hear arguments about d.o.m.a. on wednesday. supreme court ruling are expected in june. >>> more details now on what the decision on prop eight could mean for california and the rest of the country. among the scenarios if the court strikes down prop-8 as a violation of constitutional rightings, same-sex marriage would become -- constitutional rights, same-sex marriage would become law. or they could decide states will decide. while those results are not clear cut, some legal experts think the lower court rulings would stand allowing same-sex couples to marry in california. >>> david stevenson will have live reports throughout the day. we will go in-depth on the case and gauge reaction from washington, d.c. to the bay area. >>> bay area postal workers fight to keep saturday delivery. where they say cuts could be made instead. >>> in pursuit, the charges a driver now faces after leading two police agencies on a high speed chase down 101. >>> and the celebrations f
and i don't think the federal government should tell anybody how they should decide this. >> reporter: the supreme court will hear arguments about d.o.m.a. on wednesday. supreme court ruling are expected in june. >>> more details now on what the decision on prop eight could mean for california and the rest of the country. among the scenarios if the court strikes down prop-8 as a violation of constitutional rightings, same-sex marriage would become -- constitutional rights,...
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Mar 20, 2013
03/13
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CNBC
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we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you're a new york, l.a. california guy. >> i'm not sure where this is going. >> you're not drinking the kool-aid on the big government? >> no. >> steve, thank you for being here. >> it's been a lot of fun. >> thank you. make sure you join us tomorrow. "squawk on the street" begins right now. ♪ ♪ ♪ >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with jim kramer and scott wapner. carl quintanilla and david faber have the week off. let's take a look at how we are setting up in the united states. we are looking at a strong open higher and the dow up at 79 points and yesterday we did see signs of life and the dow surging late in the session and the dow looking to snap that three-day losing streak. as for europe, both stocks and the euro seeing some relief. we do have a bounce here, a nice one, i
we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you're a new york, l.a. california guy. >> i'm not sure where this is going. >> you're not drinking the kool-aid on the big government? >> no. >> steve, thank you for being here. >> it's been a lot of fun. >> thank you....
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Mar 26, 2013
03/13
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FBC
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eye 106
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. >> just a general sense of anger and frustration with the eu, the monetary fund, even their own government and others with thanks opening thursday, if they open thursday. back to you. liz: i would be part outside of the bank. are you expecting long lines? you and the producer had not even slept through all of this. this is what worries me, there will be long lines at every atm, every bank, there could be problems. rich: exactly. we don't get the plan we had set for today, applying that to thursday because all but two bands were supposed to be open today, now all banks are closed so we will be their couple of hours for the banks to start opening on thursday morning and of course to the government doesn't do it before then. liz: thank you very much. we hit session highs, dow jones industrials up 110 points. checking again, less than two points away from a record high for the s&p. the closing bell, we got 60 minutes to go before it rings. we have a ratings rumble. today's target on fox business, best buy. despite falling today, shares have nearly doubled year to date. if the turnaround just b
. >> just a general sense of anger and frustration with the eu, the monetary fund, even their own government and others with thanks opening thursday, if they open thursday. back to you. liz: i would be part outside of the bank. are you expecting long lines? you and the producer had not even slept through all of this. this is what worries me, there will be long lines at every atm, every bank, there could be problems. rich: exactly. we don't get the plan we had set for today, applying that...
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95
Mar 19, 2013
03/13
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KNTV
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eye 95
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the president will meet with members of the new israeli government, palestinian and king of jordan while on the trip. prior to leaving the white house, president obama will meet with the leaders of northern ireland. >> call this one the battle of the tech titans, samsung taking on apple in another venue this morning. reports are the asian tech companies working on a wristwatch that works a lot like a smartphone. if that sounds familiar, you're correct. just last month rumors started flying apple was working on a wristwatch that would perform the same functions as the iphone and ipad. at this point there's no word on how much either of the items would cost. this just the latest venue in which samsung is going directly, head to head, against apple. just last week samsung unveiling galaxy s4 newest competition for iphone. >> normally it doesn't react but galaxy s4 seems to have the cupertino company scared. right after they created a why iphone site to tell people why iphone is the best choice. the site includes 12 reasons the iphone is better including a camera, siri and the icloud. just b
the president will meet with members of the new israeli government, palestinian and king of jordan while on the trip. prior to leaving the white house, president obama will meet with the leaders of northern ireland. >> call this one the battle of the tech titans, samsung taking on apple in another venue this morning. reports are the asian tech companies working on a wristwatch that works a lot like a smartphone. if that sounds familiar, you're correct. just last month rumors started...
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87
Mar 25, 2013
03/13
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KNTV
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eye 87
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cards still fairly close to the vest until we get through some of these other policy issues, like the government shutdown, which seems to be out -- not a problem right now. the debt ceiling. so we only have one out-perform rating right now, which is technology. that's been a long-standing outperform for us. one underperform was consumer discretionary which is the potential for problems because of the tax increases. it turns out it's not having the impact on consumer spending as a lot of people thought. >> great advice. thank you so much. great to you on the prom. liz ann sonders and heidi moore joining me. up next, we're on the money. what is starbucks' recipe for success? my conversation with the company's founder and ceo about how he wants to do for tea what he has done for coffee. >>> and how health care may not be so healthy a business. >>> and later, talking tough on the smartphone market. can a new phone from a glass economy not so far away take a bite out of apple? what innovation means for your personal technology use, as we take a look at how the stock market ended for the week. back in
cards still fairly close to the vest until we get through some of these other policy issues, like the government shutdown, which seems to be out -- not a problem right now. the debt ceiling. so we only have one out-perform rating right now, which is technology. that's been a long-standing outperform for us. one underperform was consumer discretionary which is the potential for problems because of the tax increases. it turns out it's not having the impact on consumer spending as a lot of people...
47
47
Mar 25, 2013
03/13
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CNBC
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eye 47
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you are seeing allowing governments to come in and confiscate assets of people and that is alarming. so with that, if you take a look back out at that emotional drama, is what we're seeing, gold is extremely oversold over 10 years of data points. gold is down two standard deviati deviations. mathematically it will rally. i was on your show and it was up two standard deviations and i caution that it could correct. there is something that could take place. and there is nothing stopping gold as being a safe haven. we have always advocated a 5% in bouillon and gold stocks. when the rallies take place they are substantial. >> where would you say is fair value for gold? >> it all depends on who you are looking at. some believe that inflation, gold should be around $2400 an ounce. gold should be around $7,000 an ounce. if you're a hard core gold bug they are talking $5,000 an ounce. for me, gold would go back to inflation adjusted price level and it will probably test $2400. >> but not to play the devil's advocate here but if you can't get gold to valrally, even with central banks washing u
you are seeing allowing governments to come in and confiscate assets of people and that is alarming. so with that, if you take a look back out at that emotional drama, is what we're seeing, gold is extremely oversold over 10 years of data points. gold is down two standard deviati deviations. mathematically it will rally. i was on your show and it was up two standard deviations and i caution that it could correct. there is something that could take place. and there is nothing stopping gold as...
115
115
Mar 18, 2013
03/13
by
KQED
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eye 115
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said which was the idea of first of all was he a man of faith, and secondly, was he a man who could govern. governorring seemed to be an important quality here. >> definitely. there's a real sense that things have to be straightened out. there was a great feeling of drift under benedict. his mind was focused on writing his biography of jesus and being a theologian and he was somewhat aloof and removed from matters. i don't cover the vatican closely i don't have a complete handle on his papacy. you can't have a shera come in who doesn't have the whole package, projecting piety and projecting a sense of faith that will stimulate people to return to the church or reinforce the church. that's got to be essential really at least in the minds of the cart numbers. >> rose: stay with me, i wanted to bring in monsignor. >> i wanted to say something. he was latin american and the church in latin america is very important to the church and the holy sea. >> rose: because that's where the growing numbers are. >> it's not just a question of numbers, it's a question where the battle has been going on for
said which was the idea of first of all was he a man of faith, and secondly, was he a man who could govern. governorring seemed to be an important quality here. >> definitely. there's a real sense that things have to be straightened out. there was a great feeling of drift under benedict. his mind was focused on writing his biography of jesus and being a theologian and he was somewhat aloof and removed from matters. i don't cover the vatican closely i don't have a complete handle on his...
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196
Mar 18, 2013
03/13
by
KCSMMHZ
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eye 196
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a new government must be approved by a majority of votes in both chambers. the center leftists will need to team up with the center right block or the five star movement party. the coalition wants to continue fiscal austerity. but the five star movement opposes au start missures. it remains uncertain if the parties can agree on the framework of a new government before wednesday. >>> the united states has switched its patent law to a first to file system. this basically means that the invent irwho makes the first application can obtain the pat ents. the u.s. government revised the procedures to harmonize the systems in japan and european countries. attention is focused on how the change will affect pat ents lawsuits and the business strategies of companies operating in the u.s. >>> tens of thousands of people in iraq have staged an anti-u.s. rallies ahead of the 10th anniversary of the invasion of the country on march 20th. the protesters gathered in the central city in response to an appeal by those supporting al sadr. they condemn the u.s. led war which is
a new government must be approved by a majority of votes in both chambers. the center leftists will need to team up with the center right block or the five star movement party. the coalition wants to continue fiscal austerity. but the five star movement opposes au start missures. it remains uncertain if the parties can agree on the framework of a new government before wednesday. >>> the united states has switched its patent law to a first to file system. this basically means that the...
662
662
Mar 18, 2013
03/13
by
FBC
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eye 662
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is blaming it on the cyprus government. they gave them half the bailout money and said you would have to come up with the other half. this looked like the easiest way to get it. david: we had breaking news from liz macdonald reporting that the banks apparently were okay with this. that the banks would rather have the depositers be stuck with paying this off than have it, expose them in any way? >> yeah, well, i think in many ways, it set as dangerous precedent but at the same time, it's, it's money just sitting there. it's, easy to just take a piece of it. it is much harder than to try to get money out of landowners or something like that. and banks were -- but it's the same. it's the same. erin, that is what we have to keep in mind. it is the same as property, whether it is cash in the bank because, there was something, that maybe it's a quaint old expression but called deposit insurance. remember that? you were supposed to be insured against any kind of confiscation of the money that you have already earned and that you h
is blaming it on the cyprus government. they gave them half the bailout money and said you would have to come up with the other half. this looked like the easiest way to get it. david: we had breaking news from liz macdonald reporting that the banks apparently were okay with this. that the banks would rather have the depositers be stuck with paying this off than have it, expose them in any way? >> yeah, well, i think in many ways, it set as dangerous precedent but at the same time, it's,...
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158
Mar 25, 2013
03/13
by
KRON
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eye 158
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south korea's government south korea's government says it will launch a 1.3 billion fund this week to provide debt relief for more than a half a million people on able to take loans. the fund will cancel up to half of the debt of individuals who been unable to make repayments for more than six months. it will apply to debts up to $90,000. >> boeing is planning to lay off about 800 workers and washington by the end of the year. the company said it will cut another 1200 to 1500 jobs through attrition and other means. the job cuts will be mostly from the 747 and 787 jet programs. the company says production rates on those airplanes will not be affected. boeing has i issued layoff notices yet. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung san jose facility will replace existing offices with a modern research and development campus totaling 680,000 square feet to two distinctive tan story towers. samsung semiconductor has been based in san jose
south korea's government south korea's government says it will launch a 1.3 billion fund this week to provide debt relief for more than a half a million people on able to take loans. the fund will cancel up to half of the debt of individuals who been unable to make repayments for more than six months. it will apply to debts up to $90,000. >> boeing is planning to lay off about 800 workers and washington by the end of the year. the company said it will cut another 1200 to 1500 jobs through...
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Mar 20, 2013
03/13
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KGO
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how the israeli government is trying to improve his image. >> and take bigt out of apple. samsung increasing its competition with apple on its home turf in silicon valley. >> experts are ready to take your questions. here is the number to call on here is the number to call on the insosoe enaatint ilyel y s luloonge iuronirplin ocdiou r om >>> the president is in the middle of a foreign trip, visiting rail railing to reassure prime minister net tanya hoo of his friendship. abc news reporter thoma bradley with more now. >> a warm welcome for the president on the first day of the visit to israel. the president got down to business reassuring israelies the u.s. will stand with allies against all threats. >> america's commitment to the security of the state of israel is a solemn obligation. and the security of israel is nonnegotiatable. >> during a meeting with the israeli prime minister president obama discussed iran's pursuit of a nuclear weapon. >> all option are on the table. >> u.s. investigating a claim that rebel forces used chemical weapons in an attack. >> we intend to
how the israeli government is trying to improve his image. >> and take bigt out of apple. samsung increasing its competition with apple on its home turf in silicon valley. >> experts are ready to take your questions. here is the number to call on here is the number to call on the insosoe enaatint ilyel y s luloonge iuronirplin ocdiou r om >>> the president is in the middle of a foreign trip, visiting rail railing to reassure prime minister net tanya hoo of his friendship....
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Mar 19, 2013
03/13
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CNBC
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we cooperate fully in any government inquiries. guys, as you know, the u.s. government has been ramping up its investigation into foreign corrupt practices act by multimajor corporations and this being looks like one part of the overall broadening of the u.s. department approaches on this. >> i know you'll be following this very closely for us. >> we're watching shares of kohl's which is down 4%. morgan stanley says higher payroll taxes will hurt the sales and the retailer will see increase competition when jcpenney reintroduces its sales and coupon models. ty? >> new permits for construction rising to the highest level since 2008. in one area of the market that is flying again, miami condos. how did it go from boom to bust and back to boom again? diana olick is in miami. hi, diana. >> reporter: hey, tyler. this concrete cell shows the whole story. it went belly up during the crash of 2007 and now a new developer has bought the place and has already sold more than half of the 250 units that will rise up from here over the next two years. >> buyers are coming
we cooperate fully in any government inquiries. guys, as you know, the u.s. government has been ramping up its investigation into foreign corrupt practices act by multimajor corporations and this being looks like one part of the overall broadening of the u.s. department approaches on this. >> i know you'll be following this very closely for us. >> we're watching shares of kohl's which is down 4%. morgan stanley says higher payroll taxes will hurt the sales and the retailer will see...
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112
Mar 26, 2013
03/13
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KTVU
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eye 112
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they closed to avoid panic while the government arranged for a bail out. at one point there was a plan to tax all savings accounts 10%. the most recent plans involve a loss at a bank and a freeze on all transactions at the bank of cyprus. the dow is down 64 to 14,447. the nasdaq is down 9 at 3,235. >>> michael dell head head wins. the black stone group made offers to stockholders promising a higher price. that comes as dell and other investors are trying to buy up all of the company stock for $13.65 a share. they are offering $15 a share. black stone offering $14.25. >>> new security concerns about hundreds of laboratories across the country, including some in california. auditors say 1300 labs that work with deadly substances lack university security procedures -- uniform security procedures. one of the labs is on the campus of university of california at berkeley. experts have been calling for stricter rules for years. >> there needs to be standards dez ugfaded and -- designated and enforced. >> they have said they already have multiple layers in place.
they closed to avoid panic while the government arranged for a bail out. at one point there was a plan to tax all savings accounts 10%. the most recent plans involve a loss at a bank and a freeze on all transactions at the bank of cyprus. the dow is down 64 to 14,447. the nasdaq is down 9 at 3,235. >>> michael dell head head wins. the black stone group made offers to stockholders promising a higher price. that comes as dell and other investors are trying to buy up all of the company...
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Mar 25, 2013
03/13
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CSPAN
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the public spending framework introduced by the previous government divided government spending the two halves. fixed departmental budgets and was called annually managed expenditure. the annual managed expenditure. in practice it was unmanaged expenditure and that includes almost the entire welfare budget, as well as items like debt interest and payments to the unions. according to the forecast today, the european budget deal by the prime minister has paid britain a total of 3.5 billion pounds. we will now introduce a new limit of the significant proposal of annually managed expenditure, set out in a way that allows the -- allows us to operate that will bring controlled areas of public spending that have been out of control. we will set out how more details of this work -- in the new spending limit at the brown in june. welfare andns on they are tough, and they affect many people. make the difficult decisions for them and the country, it would be much worse. active monetary policy and a responsible fiscal policy are two components of our plan and we need the supply side reform to put t
the public spending framework introduced by the previous government divided government spending the two halves. fixed departmental budgets and was called annually managed expenditure. the annual managed expenditure. in practice it was unmanaged expenditure and that includes almost the entire welfare budget, as well as items like debt interest and payments to the unions. according to the forecast today, the european budget deal by the prime minister has paid britain a total of 3.5 billion...
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Mar 18, 2013
03/13
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CNBC
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stood behind the irish government. that's not happening now. it's sharing and the fear that the semien bondholders will hold it going forward and ranked in the same way as positive bondholders in the structure. the point i want to make here very importantly, this has not been a bad day for sovereign debt in europe. those yields have not risen substantially, because at the margin, this takes the pressure off the sovereign in baling out the banks. michelle, back to you. >> all righty. thank you very much. simon hobbs. you hear him talking about senior bondholders in europe might take a hit. any of you trading european banks at this point. >> no. >> because of that? >> i wouldn't trade the french banks because france is as close to socialism you're going to get over there. if anybody is going to do it, it's going be them and why they're down 5% today. no point in playing european banks when you have such value in european banks without the risk. >> if you are playing banks on europe, you have the ability to look at the lo
stood behind the irish government. that's not happening now. it's sharing and the fear that the semien bondholders will hold it going forward and ranked in the same way as positive bondholders in the structure. the point i want to make here very importantly, this has not been a bad day for sovereign debt in europe. those yields have not risen substantially, because at the margin, this takes the pressure off the sovereign in baling out the banks. michelle, back to you. >> all righty. thank...
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Mar 26, 2013
03/13
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KCSMMHZ
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half years, so the station took the government to court. family court issued legally binding rulings in our favor three times, but the media authority contested all these rulings, so they kept us in limbo for two years. that is in line with their policy of economically ruining critical media. >> critical reports by their trademark. currently, the station is up in arms because the hon carian government has handed out awards to notorious anti-semite and right-wing extremists. >> starting today, i no longer want to where the metal -- wear the medal. i'm going to send it back to the minister. >> students staged a parody. the party is supported by sympathizers in germany. >> our two countries are depicted as scandalously small. this must change. >> apart from the parity, the students have little to laugh about. they are appalled at how the new changes to hungary's constitution affect them. in the future after graduating, all students from state university must remain in hungary for as long as their studies took, if there is a job for them or not
half years, so the station took the government to court. family court issued legally binding rulings in our favor three times, but the media authority contested all these rulings, so they kept us in limbo for two years. that is in line with their policy of economically ruining critical media. >> critical reports by their trademark. currently, the station is up in arms because the hon carian government has handed out awards to notorious anti-semite and right-wing extremists. >>...
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Mar 19, 2013
03/13
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KNTV
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but the government should be able to control the others because we are licensed. paying something to the government. you don't know who is driving for you. it could be a criminal. you don't know. >> reporter: as you just heard, some cab drivers are upset about the ride sharing services. and the proposal is a response to those services and those ride-sharing apps that cab drivers claim have taken away some of their business. and the board of directors is scheduled to consider this proposal at 1:00 this afternoon. >>> lighting up a cigarette could soon be banned in several palo alto parks. a committee will consider a proposal on a smoking ban in the downtown area. also, at sarah wallace park. city leaders have been getting complaints about increased smoking at those parks. last month, the american heart association gave palo alto a "d" grade for its smoking. >>> and contra costa county take its ban on smoking to a new level. the supervisors discussing a proposal to ban electronic cigarettes. this would require businesses that sell electronic cigarettes to have a tob
but the government should be able to control the others because we are licensed. paying something to the government. you don't know who is driving for you. it could be a criminal. you don't know. >> reporter: as you just heard, some cab drivers are upset about the ride sharing services. and the proposal is a response to those services and those ride-sharing apps that cab drivers claim have taken away some of their business. and the board of directors is scheduled to consider this proposal...
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Mar 21, 2013
03/13
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FBC
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after the break, charlie gasparino has the details as the federal government indicts raj raj rat name's brother for insider trading. happy birthday, twitter, turning seven today. twitter now has 200 million active users posting more than 400 million tweets per day. so in honor of the company, we wanted to show you some of our favorite business tweets as we head to break. ♪ ♪ [ female announcer ] from meing customer needs. to meeting patient needs... ♪ wireless is limitless. [ female announcer ] from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. a talking car. but i'll tell you whaimpresses me. a talking train. this ge locomotive can tell you exactly where it i what it's carrying, while using less el. delivering whatever t world needs, when it needs it. ♪ after all, what's the point f talng if you don't have something important to say ♪ ♪ cheryl: one of the reasons that he is in jail for insider trading is because the fed launched an investigation into his brother who six years later has also been charged for insider-trading. charlie gasp
after the break, charlie gasparino has the details as the federal government indicts raj raj rat name's brother for insider trading. happy birthday, twitter, turning seven today. twitter now has 200 million active users posting more than 400 million tweets per day. so in honor of the company, we wanted to show you some of our favorite business tweets as we head to break. ♪ ♪ [ female announcer ] from meing customer needs. to meeting patient needs... ♪ wireless is limitless. [ female...
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Mar 21, 2013
03/13
by
CNNW
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they have become a police force governing the terrorists. allen, let me finish. they have become a police force governing the territories. but they've gotten no payment back. and this issue is bigger than the west bank. it's about palestinian nationhood, about the right of palestinians to have the same respect as a nation that israel demands for itself. and frankly, that's not on the table. i would say to you that what the u.s. has to do, when the president is done with this trip, come back, hopefully earning the confidence of the israeli people, trying to restore some confidence on the palestinian side, which is lost right now. and then refashion a middle east peace initiative that gives some hope to both sides. right now palestinians don't feel hope at all. >> okay. let me ask you both very quickly and i'll start with you, james zogby, very quickly, if i may. are you optimistic within five years there could be a peace deal? >> well, we did a poll on that. and what we found is that palestinians themselves are hopeful that in five years a peace deal could be done
they have become a police force governing the terrorists. allen, let me finish. they have become a police force governing the territories. but they've gotten no payment back. and this issue is bigger than the west bank. it's about palestinian nationhood, about the right of palestinians to have the same respect as a nation that israel demands for itself. and frankly, that's not on the table. i would say to you that what the u.s. has to do, when the president is done with this trip, come back,...
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Mar 23, 2013
03/13
by
LINKTV
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the government blamed rebel fighters for the attack. plenty more still to come on al-jazeera, including a tornado that left death and destruction. >> hello again, a reminder of the main stories here. a orts that an agreement for 20% tax on accounts over $130,000 in cyprus and 4% on others. nd the funeral of a main supporter of president assad has taken place in damascus. putin's most -- biggest critics has been found lead in london. berezovsky's death is being treated as a suicide. emma, has there been any sort of reaction yet to boris berezovsky's death in russia? >> yes, in the last few hours, fell he isity. putin's press secretary goes on russian tv and said berezovsky had written to the president in recent months saying he wanted to come back to russia and he was apologizing for the mistakes he had made. of course we have no verification of that from the peam amend -- family and reaction to this will very much depend on which side of the fence people sit on. to some he was very much a hero, he fought against putin, but to others the
the government blamed rebel fighters for the attack. plenty more still to come on al-jazeera, including a tornado that left death and destruction. >> hello again, a reminder of the main stories here. a orts that an agreement for 20% tax on accounts over $130,000 in cyprus and 4% on others. nd the funeral of a main supporter of president assad has taken place in damascus. putin's most -- biggest critics has been found lead in london. berezovsky's death is being treated as a suicide. emma,...
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posing no cost to the government because the government owes us the money they claim for the woman liabilities and so you kind of have to start pulling back the veneer and say let's talk what are you what are you or the claims that you make about yourself claims that you're willing to follow through on because a lot of talk in this country and in the u.k. about what policies should be pursued just to get the economy going again should it be money printing or stimulation should it be austerity and they go back and forth it seems to me that we really get rid of these too big to fail banks there's not going to be any progress that any of you talk about that i know i agree with that look you you know these these companies have become the tools of financial intermediation in the absence of capital markets as tools apply to actual intermediation right now yeah but that's not capitalism that's right if you take that the financial in turn intermediation the price discovery mechanism to go in the invisible hand supply and demand gone so one of the more than gone the saddest legacy of this crisis is the
posing no cost to the government because the government owes us the money they claim for the woman liabilities and so you kind of have to start pulling back the veneer and say let's talk what are you what are you or the claims that you make about yourself claims that you're willing to follow through on because a lot of talk in this country and in the u.k. about what policies should be pursued just to get the economy going again should it be money printing or stimulation should it be austerity...
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150
Mar 22, 2013
03/13
by
CNBC
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eye 150
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the government is reconvening today. cyprus' finance minister flying back after two days of talks after they failed to deliver the deal to rescue the country. our chief international correspondent michelle caruso-cabrera live in nicosia, cyprus. >>. >> reporter: the drama convincing right now is convincing parliament to sit down and actually vote to give the central bank of this country the authority to resolve banks. in other words, to wine down the troubled banks here in the country. right now there is a proposal on the table that would allow him to do that. that would mean that the weakest bank in the country nike would be wound down. the good assets moved to a different bank. there are protesters to my left who do not like that proposal at all. since i last saw you the head of the bank was brought here to hear what would happen. we had a long discussion about what was going happen and then i asked him a lot of questions about the history of like and how is it that how on earth we even got to this place. should his ba
the government is reconvening today. cyprus' finance minister flying back after two days of talks after they failed to deliver the deal to rescue the country. our chief international correspondent michelle caruso-cabrera live in nicosia, cyprus. >>. >> reporter: the drama convincing right now is convincing parliament to sit down and actually vote to give the central bank of this country the authority to resolve banks. in other words, to wine down the troubled banks here in the...
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government thousands of dollars for supplies take a look at this control switch the u.s. pays nine hundred dollars for that when it's actually valued at just seven dollars eighty dollars for a section of a pipe that is actually valued at just a buck fifty and when you're talking hundreds of billions of dollars nine hundred bucks of course sounds like small change but obviously it's adding here's another one widespread fraud led by a former u.s. army officer cost tens of millions of dollars in kickbacks. nektar to government contracts for bottled water twenty two people were criminally convicted would fill tens of millions of dollars in contracts for bottled water but for iraqis they're paying a different cost a government rife with corruption and in finding near daily deadly bombing still blast baghdad streets and a quarter of the country's thirty one million lives in poverty. taking the bailout model to extremes the e.u. has given cyprus and ultimatum either force us save us to save banks all. the press send to see up to ten percent of their life savings a raise or all t
government thousands of dollars for supplies take a look at this control switch the u.s. pays nine hundred dollars for that when it's actually valued at just seven dollars eighty dollars for a section of a pipe that is actually valued at just a buck fifty and when you're talking hundreds of billions of dollars nine hundred bucks of course sounds like small change but obviously it's adding here's another one widespread fraud led by a former u.s. army officer cost tens of millions of dollars in...
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Mar 19, 2013
03/13
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CNBC
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eye 104
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and we've been very very proactive as a government in our money sectors, europe has not. doing what they're doing now, unprecedented, contrary to all aspects of the law, is going to create, i think, a dislocation that no one can predict. >> well, we're all connected. that's the bottom line. peter, good to have you on the program. >> thanks very much for your time. >> thanks very much for joining us. >>> it is about time. samsung tossing its hat into the smart watch ring, to keep up with rival apple. regardless of who gets to the market first, will consumers latch on to a smartphone watch? and later, what do professional football players and private equity geeks have in common? nfl executive eric grugman speaks with me about the league's latest multi-million dollar partnership and where they plan to put money to work in a few minutes. stay with us. your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith
and we've been very very proactive as a government in our money sectors, europe has not. doing what they're doing now, unprecedented, contrary to all aspects of the law, is going to create, i think, a dislocation that no one can predict. >> well, we're all connected. that's the bottom line. peter, good to have you on the program. >> thanks very much for your time. >> thanks very much for joining us. >>> it is about time. samsung tossing its hat into the smart watch...
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rather how would you describe the government in the country. well it's a it's a fascist dictatorship basically you have got almost behaving as a serial murderer. he goes after the opposition you know this man is not really just killing people at home he's going to go after them to london in london in south africa just about every i interviewed two people from so-called gang of four i have them on the record they are all out of county and you probably want to know that the most of the western viewers snow or your viewers know from the film called hotel rwanda correct. demanded the manager of the hotel i says a beginner it's also in exile now in south africa so even the man who the best this ignited as a national hero of rwanda who was supposed to be saving the tutsis. from bad who to see sexually exult he's in south africa so basically half of the kaga most men are abroad the opposition main opposition of figure to be in god is in prison the us. famous us defense attorney peter erlinder who came to defend her ended up in jail for so-called genoc
rather how would you describe the government in the country. well it's a it's a fascist dictatorship basically you have got almost behaving as a serial murderer. he goes after the opposition you know this man is not really just killing people at home he's going to go after them to london in london in south africa just about every i interviewed two people from so-called gang of four i have them on the record they are all out of county and you probably want to know that the most of the western...
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129
Mar 25, 2013
03/13
by
KTVU
tv
eye 129
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the usda has shot down many of the recommendations from the government accountability office. it says it over exaggerated risks at the labs and the cdc says it has redundant safety and security at these labs. i'll continue digging through this report again released minutes ago to see if it tinkles out any of these bioterrorism labs in california. >>> time now 6:18. lawmakers may be closer to pass a new online sales tax. the senate approved a noon binding amendment that would alieu states to collect sales tax. the vet was mostly symbolic. amazon customers here in california already pay sales tax. >>> a new survey finds most babies are fed solid food too soon. 93% of mothers surveyed by the cdc say they give their babies solid food before the age of six months. >>> time now 6:19. police all over california will be cracking down on drivers using hand held cell phones all next month. they wrote more than 425,000 tickets for people caught talking on hand held devices last year. they also issued another 21,000 tickets for texting while driving. law enforcement officers say they are
the usda has shot down many of the recommendations from the government accountability office. it says it over exaggerated risks at the labs and the cdc says it has redundant safety and security at these labs. i'll continue digging through this report again released minutes ago to see if it tinkles out any of these bioterrorism labs in california. >>> time now 6:18. lawmakers may be closer to pass a new online sales tax. the senate approved a noon binding amendment that would alieu...
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Mar 25, 2013
03/13
by
KPIX
tv
eye 108
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the usda has shot down many of the recommendations from the government accountability office. it says it over exaggerated risks at the labs and the cdc says it has redundant safety and security at these labs. i'll continue digging through this report again released minutes ago to see if it tinkles out any of these bioterrorism labs in california. >>> time now 6:18. lawmakers may be closer to pass a new online sales tax. the senate approved a noon binding amendment that would alieu states to collect sales tax. the vet was mostly symbolic. amazon customers here in california already pay sales tax. >>> a new survey finds most babies are fed solid food too soon. 93% of mothers surveyed by the cdc say they give their babies solid food before the age of six months. >>> time now 6:19. police all over california will be cracking down on drivers using hand held cell phones all next month. they wrote more than 425,000 tickets for people caught talking on hand held devices last year. they also issued another 21,000 tickets for texting while driving. law enforcement officers say they are
the usda has shot down many of the recommendations from the government accountability office. it says it over exaggerated risks at the labs and the cdc says it has redundant safety and security at these labs. i'll continue digging through this report again released minutes ago to see if it tinkles out any of these bioterrorism labs in california. >>> time now 6:18. lawmakers may be closer to pass a new online sales tax. the senate approved a noon binding amendment that would alieu...